Financial IT people aren’t imagining things: Their jobs are definitely getting tougher. While computing resources are becoming less expensive and more plentiful, staffing levels, for the most part, are remaining constant. This resource gap is putting stress on IT organizations because the professionals in those departments must deal with increasingly complex systems that don’t interact well with each other. Furthermore, innovations such as digital check cashing, biometric security and mobile apps have enhanced the consumer experience significantly, but they’ve also put new strains on IT workers who must implement and leverage those technologies.

Automation is essential, particularly the kind that can accommodate the mix of physical, virtual and cloud resources that define most enterprise tasks. Financial services IT departments must become more agile, and fortunately, there are ways to simplify common processes through intelligent automation. Here are four ways workload automation can be used in the finance industry:

Reporting. Throughout financial services organizations, analysts and other financial professionals need faster, more frequent reporting. IT departments also require constant reports and updates as well. The need to provide multitudes of reports, sometimes for hundreds of users and based on thousands of data sources, can be overwhelming.

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